If I were the president or on the board of an institution, I would expect to see all the information listed here before passing a budget.
finance team
Data Analysis to Data Understanding: Communicating with Senior Leadership
The work I do often starts with helping institutions to solve challenges around their financial reporting. The goal is to move from questioning the accuracy of the data to using it to make decisions. To do this, the data needs to be timely, accurate, and meaningful. Many of us spend a lot of time trying […]
Additional Endowment Spend: Symptom of a Larger Issue?
Many CFOs try to solve budget deficits by taking larger draws on their endowment. This may be a short-term option, but it is not sustainable.
What Does Your Board Need To Know About UPMIFA?
UPMIFA (Uniform Prudent Management of Institutional Funds Act) guides charitable organizations on investment and endowment decisions.
Grief + Crisis Management = Transformational Change
When the pandemic began, I felt like a CBO (Chief Business Officer) without a university and a faculty member without a tenure track. On the faculty side, there was a sense of panic and loss. The challenges of teaching online, the inability to complete research projects, and the desire to see students learn weighed heavily. […]
Succession Planning with Intentionality
Have you noticed the number of open, high-level finance roles in higher education right now? Recently, I spoke with a recruiter charged with filling one of these high-level positions at a university. This recruiter echoed my clients’ thoughts about how hard it’s been to fill those roles. Why? Because there are simply not enough people […]